02:17
ZEC (Zcash) down 6.49% in the past 24 hours, currently at $410.63
Gate News Bot message, December 15th, according to CoinMarketCap data, as of press time, ZEC (Zcash) is trading at $410.63, down 6.49% in the past 24 hours, with a high of $468.95 and a low of $391.56, and a 24-hour trading volume of $733 million. The current market cap is approximately $6.75 billion.
Zcash is the first cryptocurrency to develop zero-knowledge cryptography technology for private peer-to-peer payments. As a form of encrypted electronic cash, ZEC uses end-to-end encryption to protect user privacy. The project supports both transparent and shielded addresses, allowing users to choose their preferred level of transaction privacy. Currently, ZEC is listed on multiple major exchanges and has received support from industry organizations such as Messari, Electric Coin Company, and Zcash Foundation. ZEC features fast transaction speeds, low transaction fees, and complete decentralization, making it an ideal choice for private daily payments and long-term asset storage.